So if the answer is $5,505,210. 50, you would input 5,505,210. what is forecast revenue in 2017?

Sagot :

Forecast revenue in 2017 is 13,642,021.

Why do we forecast revenue?

Revenue forecasting is an important part of any business plan, because it can help strategize how much and how quickly you intend on growing your company.

That said, it is also the most difficult to estimate. This is counter to things like costs and funding, which are far more under your own control.

What Is Forecasting?

Forecasting is a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends.

Businesses utilize forecasting to determine how to allocate their budgets or plan for anticipated expenses for an upcoming period of time.

Learn more about revenue forecast here:

https://brainly.com/question/23009258

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